ITT to Equip UK MoD with Night Vision
(Roanoke, Va., August 19, 2008) -- ITT Corporation (NYSE:ITT) announced today that its Night Vision business was awarded a $23 million contract by the United Kingdom's Ministry of Defence (MoD) for Head-Mounted Night Vision Systems (HMNVS). Through the agreement, Roanoke, Va.-based ITT Night Vision will continue to equip the U.K. military with the HMNVS and provide in-support services.
The HMNVS contract is ITT's second from the U.K. MoD. ITT was awarded the initial HMNVS contract in 2002 to provide a continuous supply of HMNVS and Contractor Logistics Support (CLS). Under the initial contract, the Roanoke-based facility provided the systems and the Contractor Logistic Support. In 2005, ITT Night Vision began working closely with their sister division, U.K. Defence Ltd, to provide expedited, in-country maintenance for quicker repairs. The Roanoke-based facility will continue to provide the units, and ITT Defence, Ltd., will provide maintenance support.
"We are happy to continue supporting one of our key international allies," said Mike Hayman, president of ITT Night Vision. "Our goal is to continue to support the international market through growing relationships, such as this one with the U.K. Ministry of Defence."
Source : ITT Corporation
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